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Annual Cost of Inventory
A company manufactures and sells a seasonal product.
Instructions: Based on the sales forecast that follows:
1. Calculate a level production plan, quarterly ending inventories, and average quarterly inventories.Assume that the average quarterly inventory is the average of the starting and ending inventory for the quarter. If inventory carrying costs are $3 per unit per quarter..
2. What is the annual cost of carrying this inventory? (Opening and ending inventories are zero.)
Quarter 1Quarter 2Quarter 3Quarter 4Totals
Sales1000200030002000
Production
Ending Inventory
Average Inventory
Inventory Cost
Use spreadsheet to show your work and submit to drop box
Do you need this or any other assignment done for you from scratch?
We assure you a quality paper that is 100% free from plagiarism and AI.
You can choose either format of your choice ( Apa, Mla, Havard, Chicago, or any other)
NB: We do not resell your papers. Upon ordering, we do an original paper exclusively for you.
NB: All your data is kept safe from the public.